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The unstaking of 177,693 SOL tokens, valued at approximately $23.75 million has raised concerns about a potential sell-off that could impact SOL's price. Hace 4 horas A sizable portion of Solana has once again been dumped onto Kraken by Pump.fun, leaving behind 156,425 SOL, or $25.74 million. This raises the total amount of Whale movements trigger sell-off concerns for Solana, but strong network growth and DEX dominance support long-term bullish potential. 11 de sept. de 2025 Over the last weekend, the Solana (SOL) price came under major selling pressure with its price slipping under $18.50 levels recently. This is because Solana investors Solana (SOL) was one of the worst-affected projects after the collapse of FTX. SBF’s support for the crypto might have come from fraudulent means of redirecting customer funds. As a result 11 de sept. de 2025 Estimates from court documents put the total at around 47.5 million tokens worth around $685 million. It also has a massive stash of FTT tokens. However, as per the

Solana Holders Face $685 Million FTX Sell-Off Risk: Will SOL Price Crash?

Solana (SOL) investors are facing renewed anxieties as the specter of a massive FTX sell-off looms large. Estimates from court documents put the total at around 47.5 million tokens, worth approximately $685 million. This potential influx of SOL into the market has sparked concerns about a significant price correction.

Solana (SOL) was one of the worst-affected projects after the collapse of FTX. SBF’s support for the crypto might have come from fraudulent means of redirecting customer funds. As a result, the liquidation of FTX's assets, including its Solana holdings, is causing considerable unease.

Recent SOL Dump Fuels Fears of Further Price Drops

The unstaking of 177,693 SOL tokens, valued at approximately $23.75 million, has raised concerns about a potential sell-off that could impact SOL's price. This event, coupled with other large movements, has amplified existing worries.

Hace 4 horas, a sizable portion of Solana has once again been dumped onto Kraken by Pump.fun, leaving behind 156,425 SOL, or $25.74 million. This adds to the total amount of SOL being moved, exacerbating fears within the Solana community.

Whale Movements and Market Sentiment

Whale movements trigger sell-off concerns for Solana. Over the last weekend, the Solana (SOL) price came under major selling pressure with its price slipping under $18.50 levels recently. This is because Solana investors are closely monitoring these large transactions, interpreting them as potential precursors to wider market drops. However, despite these anxieties, strong network growth and DEX dominance support long-term bullish potential.

FTX's Massive SOL Holdings: The $685 Million Question

The elephant in the room remains FTX's substantial Solana holdings. As per the court proceedings, FTX needs to liquidate these assets to repay creditors. The potential sale of $685 million worth of SOL represents a significant overhang on the market, creating downward pressure on the price. The company also has a massive stash of FTT tokens.

While short-term volatility is expected, the long-term viability of Solana hinges on its continued network growth and adoption. Investors are urged to exercise caution and conduct thorough research before making any investment decisions.

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